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Sam Zalmanov (AB Asset Management), Bernardo Fort-Brescia (Arquitectonica), Ray Fort (Arquitectonica), Kane Sarhan (THE WELL), Getzy Fellig (AB Asset Management), David Martin (Terra) and Andres Marquez (Terra)

Terra Breaks Ground on THE WELL Coconut Grove After Locking Down $410 Million Construction Loan

January 30, 2026

A joint venture between Terra, one of South Florida’s leading real estate development firms, and partner AB Asset Management has broken ground on THE WELL Coconut Grove, a transformative mixed-use residential development in Miami’s Coconut Grove neighborhood, with a $410 million construction loan from TYKO Capital.

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In Commercial, Coconut Grove, Banking, Construction, Construction News, Construction Update, Development, Development News, Finance & Banking, News, News & Features, Residential Tags THE WELL Coconut Grove, News & Features, News, Coconut Grove, Commercial, Residential, Development News, Development, Terra Group, Terra, AB Asset Management, THE WELL, Finance, Financing, Finance & Banking, Construction Loan, Groundbreaking, Arquitectonica, David Martin, Getzy Fellig, Kane Sarhan, TYKO Capital, Banking, Lending, Meyer Davis, Meyer Davis Studio, Featured, Construction News, Construction, Construction Financing, Construction Update
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Terra Locks Down $43.5 Million Refinancing For 'Residences In The Grove' Coconut Grove Condo

March 1, 2023

Terra, in partnership with AB Asset Management, has secured a $43.2 million refinancing loan for Residences in the Grove, a 148-unit luxury condominium located at 2835 Tigertail Avenue in the heart of Miami’s Coconut Grove neighborhood. The financing, provided by City National Bank of Florida and KS Finance Corporation, will fund preliminary demolition and site-work in preparation for the project’s groundbreaking.

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In Coconut Grove, Commercial, Development, Development News, Finance & Banking, News, News & Features, Residential Tags Terra, Terra Group, David Martin, Gary Fitzgerald, City National Bank, Lending, Banking, Finance & Banking, Finance, Financing, Coconut Grove, Arquitectonica, Development News, Development, Residential, Commercial, AB Asset Management, March 2023, Featured, featured, KS Finance Corporation
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2835TigertailAve,CG_007.jpg

AB Asset Management Acquires Residence Inn Coconut Grove From Hersha Hospitality Trust

March 16, 2021

AB Asset Management has acquired the Residence Inn Coconut Grove, a three-building, 140-unit hotel at 2835 Tigertail Avenue in Miami’s vibrant Coconut Grove neighborhood. The 2 acre property sold for $31 million, which breaks down to roughly $221,429.

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In Acquisitions, Closed, Coconut Grove, Commercial, Invest, Investment News, News, News & Features, Hotels, Hospitality, Private Equity, Traded Tags AB Asset Management, Residence Inn, Residence Inn Coconut Grove, News, News & Features, Acquisitions, Closed, Traded, Private Equity, Coconut Grove, 2835 Tigertail Ave, Commercial, Invest, Investment News, Hersha Hospitality Trust, Neil Shah, Jay Shah, John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fe, Emily Brais, Berkley Bloodworth, Berkley K. Bloodworth, Getzy Fellig, Sam Zalmanov, March 2021, Hospitality, Hotels, Hotel
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